Amazon Stock Eyes Record Highs After Earnings
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01Nov
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01Nov
U.S. jobs report October 2024:
Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast and a significant labor impasse dented hiring plans.Nonfarm payrolls increased by 12,000 for the month, down sharply from September and below the Dow Jones estimate for 100,000, the Bureau...
01Nov
Stocks making the biggest moves premarket: AMZN, AAPL, TEAM
Check out the companies making headlines before the bell. Amazon — The e-commerce giant popped 7% after posting stronger-than-expected earnings and robust cloud and advertising growth. Revenues for its Amazon Web Services grew 19% on a year-over-year basis. Apple — Shares dropped 1.6% even after the technology giant surpassed...
01Nov
Exxon (XOM) earnings Q3 2024
An Exxon gas station is seen in the Brooklyn borough of New York City on Oct. 6, 2023.Michael M. Santiago | Getty ImagesExxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest production level in more than four decades.Here is what Exxon reported for the third...
01Nov
Chevron (CVX) earnings Q3 2024
Jaap Arriens | Nurphoto | Getty ImagesChevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders.Shares were up 2.6% in the premarket following the report's release.The oil major's quarterly profit, however, declined substantially compared to the year-ago period due to lower margins on refined...
01Nov
Apple reports better-than-feared financials, emerging iPhone 16 demand
Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty darn good. Revenue in Apple's fiscal 2024 fourth quarter, which ended in September, grew 6% year-over-year to a September quarter record of $94.93 billion – outpacing...
01Nov
Amazon crushed e-commerce and cloud, forecast strong holiday quarter
Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the fourth-quarter forecast was exactly what was needed to keep investors happy. Revenue increased 11% year over year to $158.88 billion, beating expectations...